be addressed to the Procuring Entity in accordance with ITB Clause 7 bear the

Be addressed to the procuring entity in accordance

This preview shows page 41 - 43 out of 240 pages.

c. be addressed to the Procuring Entity in accordance with ITB Clause 7; bear the specific identification of this bidding process indicated in the BDS ; and d. bear a warning “DO NOT OPEN BEFORE…” the time and date for the opening of Bids , in accordance with ITB Clause 21. 21.4 If all envelopes are not sealed and marked as required, the Procuring Entity will assume no responsibility for the misplacement or premature opening of the Bid. If a Bid is not sealed and marked as required, the bidder or its authorized representative shall acknowledge the condition of such Bid as submitted; otherwise the Bid shall be disqualified. D. Submission and Opening of Bids 22. Place and Deadline for Receipt of Bids Bids must be received by the BAC of the Procuring Entity at the address and on or before the deadline indicated in the BDS . 23. Late Bids Any Bid submitted after the deadline for the receipt of Bids prescribed by the Procuring Entity, pursuant to ITB Clause 18, shall be declared “Late” and shall not be accepted by the Procuring Entity. Modification and Withdrawal of Bids 24.1 The Bidder may modify its Bid after it has been submitted provided that the modification is received by the Procuring Entity prior to the deadline prescribed for the receipt of Bids by the BAC. The Bidder shall not be allowed to retrieve its original Bid, but shall be allowed to submit another Bid equally sealed, properly identified, linked to its original bid marked as “TECHNICAL MODIFICATION” or “FINANCIAL MODIFICATION” and stamped “received” by the BAC. Bid modifications received after the applicable deadline shall not be considered and shall be returned to the Bidder unopened. 24.2 A Bidder may, through a Letter of Withdrawal, withdraw its Bid after it has been submitted, for valid and justifiable Reasons; Provided That the Letter of

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture